depends, the two stage regulators are usually industrial variety so the increments would be in 2 to 2.5 psi increments, it's doable.. I used one for the first month or so I had my compressor, just easier in 1psi increments. you could always take the second regulator off and replace it with a hobby style regulator. you might need a reducer of some sort, maybe someone here using CO2 could help you with that info (if you need to)... I know on the big tanks they usually have 1/2" connectors on them.
... if Singapore uses the metric system on their regulators (I don't know), they're gonna be in kPa or mmHg... so you would need to convert for whatever pressure you need. about 7kPa per psi, about 52mmHg per psi.
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the tanks are gonna come about 180 - 220 psi or so... if they are similar to O2. the first gauge will just reflect the tank pressure... if it starts dropping low it's time to refill... the second regulator will control the flow to your airbrush.. thats the PSI you need to watch for painting. most people paint at somewhere from 6 to 20 psi depending on what they are painting. if you are going to be using that Aztek you might look for some of the aztek users here and email them... I understand their low end starts off at a little higher pressures than the Badgers and others... but they can set ya straight!
I used to weld and the second regulator will go much less than 40psi... its been 25 years since I have, but I believe it starts from zero in 2psi increments.. (on the industrial flavor regulator)